Hodlnaut Announces Support of BNB Chain

First published
June 28, 2022
Last updated
August 15, 2022
Hodlnaut will now support BNB Chain for USDC

Singapore, June 28, 2022 – Hodlnaut, a cryptocurrency interest-earning platform based in Singapore, announced the support of the BNB Chain for USDC deposits on their platform. Previously, users could only deposit USDC through the ERC-20 network. 

"We’re pleased to announce the integration of BNB Chain at Hodlnaut. In addition to faster transaction times, it will allow for lower fee transactions across platforms to and from Hodlnaut,” said Juntao Zhu, CEO, and Co-founder of Hodlnaut.

The BNB was created as an extension of the original Binance Chain. With dual chain architecture, both chains are complementary – BNB Chain provides decentralized applications (dApps) with a cheaper and more efficient network. These features make it efficient, cost-effective, and optimized for running dApps and transacting at lower fees.

Hodlnaut is committed to enhancing the customer experience and is continuously improving its offerings to help users make the most of their cryptocurrencies. With our BEP-20 support, we hope our customers will benefit from faster processing and lower fees.

About Hodlnaut‍

Hodlnaut is a Singapore-based cryptocurrency borrowing and lending platform that allows users to earn interest on their cryptocurrencies by lending them to vetted institutions. Founded in April 2019 by bitcoin maximalists Juntao Zhu and Simon Lee, Hodlnaut has grown rapidly since its inception. 

For more information, please visit www.hodlnaut.com.

Disclaimer: This article is for informational purposes only, and is not an offer nor a solicitation to invest in DPT, securities, funds, partnership interests or other investments or funding or purchasing loans. It is the user's sole responsibility to conduct due diligence and research extensively into each DPT and platform, and understand that the volatility and unpredictability of the price of DPT may result in significant loss over a short period of time. No information on Hodlnaut should be considered to be business, legal, financial or tax advice regarding the use of Hodlnaut. Users should consult their own legal, financial, tax or other professional advisors before using Hodlnaut.